US Postal Service 2008 Annual Report Download - page 47

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2008 Annual Report United States Postal Service | 47
Years Ended September 30,
2008 2007 2006
(Dollars in millions)
Operating revenue $ 74,932 $ 74,778 $ 72,650
Operating expenses:
Compensation and benefits 53,585 54,186 54,665
Retiree health benefits 7,407 10,084 1,637
Transportation 6,961 6,502 6,045
Other 9,785 9,333 9,334
Total operating expenses 77,738 80,105 71,681
(Loss) Income from operations (2,806) (5,327) 969
Interest and investment income 36 195 167
Interest expense on deferred retirement obligations — — (231)
Other interest expense (36) (10) (5)
Net (Loss) Income $ (2,806) $ (5,142) $ 900
See accompanying notes to the financial statements.
Statements of Operations